Now is the time for the Biden Administration and the U.S. Congress to stand up to China and stand with 250,000 American cabinet workers.
Monthly Archives For August 2022
Yum! Brands results hit by Russia withdrawal, China lockdowns
Yum! Brands (YUM) posted a mixed earnings result on Wednesday as issues in its international business tempered optimism on strong domestic sales at Taco Bell.
Impossible for food imports to be cause of Covid-19 outbreak – importers
The Macau Industrial Association told Lusa on Wednesday it was impossible that the importation of food infected with the new coronavirus …
Siemens Healthineers stumbles as lockdowns, falling COVID-19 sales and rising costs hit business
Lockdowns in China caused a steep decline in equipment orders and a big setback to the firm’s core diagnostic business, even as the company expects to meet full year revenue targets …
Why is the U.S. so apprehensive of China’s technological growth?
China’s astonishing speed in technology is causing techno-nationalism in the U.S., prompting Washington to seek tech separation from Beijing.
As U.S. eyes new China chip curbs, turmoil looms for global market
Export restrictions being considered by Washington to halt China’s advances in semiconductor manufacturing could come at a substantial cost, experts say, potentially disrupting fragile global chip …
Could Crypto Mining Taxes in The US Help Save The Planet, Or Is There an Easier Way?
Crypto mining requires a lot of energy. Should crypto miners in the US face heavier regulation of their energy use, pay a tax on their electricity use, or receive tax incentives for using renewable …
Bitcoin rose in July amid crypto crash
In association with Luno Bitcoin has continued to establish itself above $20k this week, with the price hitting highs of more than $24k over the weekend.
China blocks some Taiwan imports but avoids chip disruptions
China blocked imports of citrus, fish and other foods from Taiwan in retaliation for a visit by a top American lawmaker, Nancy Pelosi, but has avoided disrupting one of the world’s most important …
Pelosi’s Taiwan trip is another knock to China’s yuan
China’s yuan has fared better than many other major currencies this year. It’s shed 6.5% against the US dollar, holding its ground as the greenback has gone on a breakneck rally. The euro, the British…
Unity reportedly looking to separate China unit from main business
Unity is reportedly looking to create a separate Chinese unit independent from the rest of the business in order to …
Salesforce shutters Hong Kong office, leans on Alibaba in China
Salesforce is repositioning itself in China as it looks to expand the reach of its customer relationship management software in the country. The company is “accelerating” its strategic partnership …
Caterpillar earnings disappoint again: Supply chain challenges, China and strong dollar blamed as sales came up short
Shares of Caterpillar Inc. sank Tuesday, after the construction and mining equipment maker reported another disappointing earnings report, with …
